Episode 312: Profit First for Real Estate Investing with David Richter

33:16
 
Share
 

Manage episode 331326980 series 1328534
By David Dodge & Mike Slane, David Dodge, and Mike Slane. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

In today’s episode of Discount Property Investor Podcast, David Dodge has a special guest David Richter, David Richter is an active real estate investor who has been essential in closing over 850 deals over the last 7 years which include wholesale, turnkey, brrrr, owner finance, rentals, lease options, and any other exit strategy you can think of. While growing and building a real estate business from 5 deals a month to over 25 deals a month, he realized that as much money was coming in, it was going right out the door. With the unique opportunity of being in every seat like a real estate investor, he found a calling in the company’s finance seat to help businesses see where their money really went

Tips.

START WHERE YOU ARE! If these percentages above (the contribution) are too high for you then start where you are now!

THE GOAL IS TO BUILD THE HABIT OF PAYING YOURSELF FIRST

Try and get into a rhythm with the accounts and the contributions

658 episodes